Jim Cramer’s 5 Stock Calls: Alphabet, Amazon, and Tech Earnings Recap

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1. Seagate Technology Holdings plc (NASDAQ:STX

Seagate Technology Holdings plc (NASDAQ:STX) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. Talking about the stocks that are “working” recently, Cramer mentioned the company and said:

What’s working here? The shares of companies where they can’t make enough product in technology. No, not Amazon, not Alphabet, not Microsoft, not Meta, Seagate, Seagate, the maker of disk drives that store data, including data spewed from machines in the data center. Oh, Seagate’s been a horse for ages now, and it rallied 11% today on the conference call. They talked about how they can’t make their product fast enough. I don’t know when that will change because there aren’t enough machines available for Seagate to expand its disk drive production. Boy, that’s exactly what you want to see. That’s what the market wants.

Seagate Technology Holdings plc (NASDAQ:STX) makes hard drives, solid-state drives, and storage solutions for personal, gaming, and business use.

While we acknowledge the potential of STX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than STX and that has 100x upside potential, check out our report about the cheapest AI stock.

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